MGT602 Grand Quiz by Junaid
MGT602 Grand Quiz by Junaid
MGT602 Grand Quiz by Junaid
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MGT602 GRAND QUIZ
Q1: All of the following factors support the intrapreneurial environment EXCEPT:
NO opportunity parameters
Top management support
Failure not allowed
New ideas encouraged
Q2: Which one of the following factor decides the expansion and elimination of intrapreneurial units will
organization?
Management
Evaluation
Reward
Training
Q3: In which of the following entrepreneur operates a business using the trademark and agrees to pay a
fixed sum for use of the trademark?
Q4: Idea of new product is tested in potencial consumers to determine consumer acceptance at ---------
stage.
Concept
Product development
Test marketing
Commercialization
Q5: Sparkle toothpaste introduces its toothpaste by making its powder obsolete , this acted is called:
Creative construction
Destructive obsolescence
Innovative destruction
Creative destruction
Q6: All of the following are the characteristics which make an entrepreneur successful and it should be
adopted by the entrepreneurs,Except:
Q8: which of the following is the next stage to the product development stage of product planning and
development process?
Idea stage
Concept stage
Test marketing stage
Commercialization stage
Q10: Which of the following perspective of business plan sound finantial projections?
Entrepreneur perspective
Marketing perspective
Investor perspective
All of the given option
Q11: which of the following factor helps the companies most to the flexible in adopting changes.
Management decsisions
Customers relation
Technology
Productivity
Strategic planning
Encourage the team work
Persistency
All of the given option
Coined mark
Arbitrary mark
Suggestive mark
Descriptive mark
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Q14: External forces directly affect all of the following to a business setup , except:
Segmentation strategies
Products range
Management structure
Businesses diversification
Q15: Which of the following actually affects the valuations of currency of a part particular country?
Barter system
Population
Balance of payment
Production factors
Q16: Which of the following source ideally provides formal and information survey feedback as source
of new idea?
Consumers
Existing companies
Distribution channels
Federal government
Q17: Which of the following perspective of business plan considers the venture through the eyes of the
customer?
Entrepreneur perspective
Marketing perspective
Investor perspective
All of the given option
Q18: A small venture that supports the owners and usually does not grow is termed as:
Foundation company
Gazelle
Lifestyle firm
Base firm
Q19: Which of the following is the need tha truly compliments the desire to be your own boss.
Need money
Need of achievement
Need of independence
Need of dependence
Q20: ----------- spirit very impotant for making innovation and growth in an organization .
Managerial
Entrepreneurial
Intrapreneurial
Organization
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Q21:The successful intrapreneurs possess all the following individual characteristics EXCEPT;
Q22:Which one of the following culture has a climate and reward system that favors conservation
decision making
Entrepreneurial
Intrapreneurial
Corporate
Open cultur
France
Poland
Hong kong
Japan
Q24: Entrepreneurs ability to meet debt and interest payment is tagged as -----------among the Cs.
Character
Collateral
Contribution
Cash flow
Q25: All of the following factors support the intrapreneurial environment EXCEPT :
No apportunity parameters
Top management support
Failure not allowed
New ideas encouraged
Spouses
Friends
Business associate
Relatives
Q28: which of the following gives -20 year registration with 20-year renewable terms?
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Patent
Copyright
Trademarks
Trade secrets
Q29: Which of the following describes the statement ; “method of stimulating ,and then capitalizing on ,
individuals in an organization who think that something can be done differently and better ‘’
Entrepreneurship
Intrapreneurship
Managerial domain
Administrative domain
Q30: In which source of new idea , laws and regulation of country help to generate new ideas?
Existing companies
Distribution channels
Federal government
Research and development
Q31: North American Free Trade Agreement (NAFTA) has been between U.S, Canada and -------------- .
Cuba
Mexico
Panama
Jamaica
Q32: Which one of the following term best describes a professional money manager who makes risk
investment to obtain a high rate of return on the investment ?
Entrepreneur
Venture capitalist
Corporate entrepreneur
Intrapreneur
Q33: Which of the following source of new ideas is considered as largest source of new ideas?
Existing companies
Distribution channels
Federal government
Research and development
Q34: In which of the following method a new idea is development through a list related issues?
Gordon method
Checklist method
Free association method
Collective notebook method
Q35:Which of the following should not be included in the introductory page of the business plan?
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Names of business
The name of entrepreneurs
Executive summary
Addresses of business
Focus group
Brainstorming
Reverse brainstorming
Problem inventory analysis
Q37:Which of the following section in patent application contains a description of the drawings?
Introduction section
Claims section
Invention section
None of the given option
Entrpreneurship
Intrapreneurship
Bureaucracy
Corporation
Q39: Which of the following precisely refers to the services involving indirect pa payment for good
through another source?
Q40: All of the following characteristics exists in the firms having traditional cultural EXCEPT:
Established procedures
Lines of authority
Control mechanisms
Empowerment
Q41:Which of the following source ideally provides and in formal survey feedback as source of new
idea?
Consumers
Existing companies
Distribution channels
Federal government
Q42: Which of the following plan completely describes the manufacturing process?
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Manufacturing plan
Marketing plan
Financial plan
All of the given options
Q43: Which of the following gives inventor the rightsof using and selling is own invention?
Embargo
Copyright
Quota
Treaty
Q44: Which of the following is not covered by federal law but is recognized under common laws in each
state?
Patent
Copy right
Trademarks
Trade secrets
Q45:which of the following is an unstructured process for generation all possible ideas with criticism
allowed?
Focus group
Brainstorming
Reverse brainstorming
Problem inventory analysis
Q46:Which of the following set of individuals has the primary motive of independence and ability to
advance in the corporate rewards?
Traditional managers
Entrepreneurs
Intrapreneurs
Administrative managers
Q47:Which of the following may be a word ,symbol , design, or some combination that identifies the
source of certain goods?
Patent
Copyright
Trademarks
Trade secrets
Q48:Combining two or more independent companies into a single new company is called as :
Joint venture
Merger
Compartment
Nationalization
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Q49: Which of the following factor has allowed small companies to act like they are big ones ?
Human resource
Finances
Technology
Customers
Q50: Which of the following protects the owner from anyone else making , using selling the identifies
innovation ?
Utility patent
Trade mark
Trade name
Embargo
Q51: Which of the following term best describes the different between the value of a country ‘s imports
and exports?
Deficit exports
Deficit imports
Balance of payment
Balance of debt
Franchising
Licensing
Foreign direct investment
Internationalization of patents
Q53: Which of the following factor helpsthe companies most to be flexible in adopting changes .
Management decsisions
Customers relations
Technology
Productivity
Q54: Which of the following plan describes how the products will b distributed, period and promotion ?
Manufacturing plan
Marketing plan
Financial plan
All of the given options
Q55: which of the following describe the statement”entrepreneurship within an existing organization”?
Intrapreneurship
Entrepreneurship
High potential venture
Gazelles
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Q 56:which of the analysis will be helpful to get information aboutyour rivals?
SWOT Analisis
PEST Analysis
Competitior Analysis
Strategic Analisis
Q 57:which of the following best describe the statement” new product development with significance
technological changes?
Iterative synthesis
Ordinary innovation
Technology innovation
Breakthrough innovations
Q58: Which of the following term best describes a professional money manager who makes risk
investment to obtain a high rate of return on the investment ?
Entrepreneur
Venture capitalist
Corporate entrepreneur
Intrapreneur
Creativity
leadership
understanding environment
all of the given options
Q60:All of the following are the types of non equity arrangement , except:
licensing
management contract
direct export
turnkey projects
Personal networking
Ability to pay back loan
Educational capabilities
Demographics
Q62:The return and reward of the parents opportunity is viewed in light of any possible subsequent
opportunities comes under which stage of entrepreneurial process?
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Identifying and evaluating the opportunity
Development business plan
Determine the resources required
Manage the enterprise
Q63: Which of the following is the most important element to trigger the necessary changes within
an organization ?
Team efforts
Finance
Reward system
Top management commitment
Q64:which of the following section in patent application offers all details of possible infringements and
their remedies?
Introduction section
Claims section
Invention section
Description section
Cost
Character
Collateral
Contribution
Q67:which of the following is a comprehensive written document describing all the relevant elements
involved in starting a new venture?
Business plan
Company plan
Process plan
Marketing plan
Strategic planning
Encourage the team work
Persistency
All of the given option
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Q69:The method of exchange without involvement of money is termed as:
Barter system
Goods trading
Resource trading
Resource exchange
Revenue
Character
Contribution
Collateral
Q71: An individual need of being his /her own boss is also called as need of:
Independence
Achievement
Affiliation
Authority
Q72:In which of the following area , getting education is necessary for the entrepreneur?
Finance
Marketing
Strategic planning
All of the given option
Q73:If your equity is more than 50 percent of company’s complete shares, then you have :
Majority interest
Minority interest
Full interest
Partial interest
Q74: In which of the following method a new idea is development through a list of related issues?
Gordon method
Checklist method
Free association method
Collective notebook method
Q75:Which of the following arrangement allow the entrepreneur to enter a market without equality
investment in the foreign market ?
Equity arrangement
No equity arrangement
Full equity arrangement
Half equity arrangement
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Q76: which of the following culture has a claim and reward system that favors conservative decision
making?
Entrepreneurial
Intrapreneurial
Corporate
Open culture
Personal networking
Ability to pay back loan
Educational capabilities
Demographic
Q78:Which of the following option best describes the attributes of an entrepreneurs internal locus of
control ?
Self motivation
Accomplishment
Power of influence
All of the given option
Trade association
Professional affiliations
Teacher
Business associates
Q80:Which of the following gives inventor the rights of using and selling his own invention?
Embargo
Copyright
Quota
Treaty
Industry
Mentors
Trade associations
Friends
Q82:Atrademark showing no relationship between the mark and the goods and also afford the
possibility of expansion , is classified as :
Coined mark
Arbitrary mark
Suggestive mark
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Descriptive mark
Q83: Which of the following product safety and liability claim can be used when the product was
defective prior to its receipt?
Negligence
Warranty
Strict liability
Misrepresentation
Q 83:suppose an employee of the shoe maker firm suggest the management to introduce a new ladies
shoe brand in the market, this act will be called as:
Managerial act
Entrepreneurial act
Intrepreneurial act
Organization act
Q 84:which of the following of business plan should begin with mission statement?
Financial plan
Executive summary
Industry analysis
Description of venture
Q 85: the amount paid to the actual inventor by the mere user of a particular intellecutual property is
termed as;
Loyalty fee
Poyalty
Rovelty
Licensing fee
Psychological risks
Financial risks
Social risk
All of the given option
Q86:Warranty is a type of :
Claim
Restriction
Patent
Liability
Q87: Following are the guiding principles in a tradition of corporate culture Except:
Q88: Which of the following is not ncluded in four C’s of evaluation by the lenders?
Character
Cost
Continuity
Contribution
Q89: Which of the following is considered in economic and environment analysis study ?
Q90:Which of the following is an understanding process for generating ideas with criticism allowed?
Focus group
Brainstorming
Reverse brainstorming
Problem inventory analysis
Q91Business expansion scheme was introduced in 1983 to provide capital to new business ventures in:
U.S
U.K
China
Russia
Q93:Which of the following factor has allowed small companies to act like they are big ones?
Human resource
Finances
Technology
Customers
Q94:Which of the following section in patent application offers all detail of possible infringements and
their remedies?
Introduction section
Claims section
Invention section
Description section
Q95:An entrepreneur into hosiery business found out the reason that his hosiery items were not selling
due to its color. What could be the best source of this information ?
Supplier
Retailer
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Competition
Government bureau
Q96: Which of the following analysis entrepreneur will use to analyze the economic and cultural trends
of country ?
Industry
Environment analysis
Competitor analysis
SWOT analysis
Manufacturing plan
Marketing plan
Financial plan
All of the given option
Administration
Finance
Manufacturing
Marketing
Q99: In technical sense anything over 50 percent of the equity of the firm is called:
Big interest
Complete interest
Full interest
Majority interest
Q100:Which of the following ‘’C’’ of credit lender represents the amount of personal equity in the
whole investment by the entrepreneur?
Cost
Character
Collateral
Contribution
Revenue
Character
Contribution
Collateral
Family
Friend
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Teacher
All of the given option
Q103:The character of an individual describing his /her degree of influence and control on the people is
called :
Locus of control
Motion of control
Locus of influence
Gain of control
Patent
Trade mark
Trade secrets
All of the given option
Adaptability
Innovation
Imitation
Risk taking
Property rights
Actual property rights
Real property right
Intellectual property rights
Q107:which of the following term best describes the different between the value of a country ‘s imports
and exports?
Deficit exports
Deficit imports
Balance of payment
Balance of debt
Q108:Which of the following choice offers the firms synergy , competitive advantage and reduction in
operational cost of business while expanding inn the international market?
Acquisition
Joint venture
Majority interest
Indirect e exporting
Q109: The least describes factor for an entrepreneur with entrepreneurial finance is :
Low interest
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High rate of return
Fixed interest rate
High interest rate
France
Poland
Hong kong
Japan
Q111:Individual who help the entrepreneur in business activities are categorized as:
Franchising
Licensing
Foreign direct investment
Internationalization of patents
Spouses
Friends
Business associate
Relatives
Opportunity window
Venture space
Business window
Q 115:in which the following region business failure is considered as social disgrace?
Far east
Europe
Central Asia
Transition economics countries
Self motivation
Accomplishment
Power of influence
Fate
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Q 117:the technique of developing a new idea by thinking about constraints is called:
Q 118:which of the following factor has allowed small companies to act like they are big ones?
Human resources
Finances
Technology
Customers
Q119:licensing a manufacturer giving a foreign manufacture the right to use all of the following,expect:
Patent
Trademark
Technology
Investment
No opportunity parameters
Top management support
Failure not allowed
New ideas encouraged
Singapore
Japan
American
Hong kong
Q 121:which of the following arrangement allow the entrepreneur to enter a market without direct
equity investment in the foreign market?
Equity arrangement
No equity arrangement
Full equity arrangement
Half equity arrangement
Patient
Trade marks
Trade secrets
All given option
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Q 123:which of the following external environment force can easily analyze the market growth rate?
Political
Social
Economical
Technological
Fear of failure
Risk factor
Financial constraint
All of the given option
Q 125:which of the following option is most closely associated with entrepreneurial risk taking attribute?
Risk aversion
Risk management
Risk taking
Non of the given options
Q 126:which of the following is the best method for developeding new idea by looking at the positives
and negatives of an item?
Free association
Attribute listing
Forced relationship
Value analysis
Q 127:all of the following are the characteristics which make an entrepreneur successful,EXCEPT.
Q 129:which of the following document an entrepreneur should first file to establish a date of
conception ?
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Patent
Disclosure document
Statutory report
Copyright ballot
Q 130:which one of the following is a method for obtaining new ideas and solution by focusing on
problem?
Problem inventory
Gordon method
Checklist method
Scientific method
Q 131:which of the following is the formation of a new business in which two firm share the equity?
Merger
Joint venture
Management contract
All of the given option
Q 132:the act of selling product to a ”foreign sale office “ that is located in the host country is anb
example of:
Indirect exporting
Direct exporting
Bartering
Joint selling
Q133:which of the following is the need that truly compliments the desire to be your own boss.
Need of money
Need of achievement
Need of independence
Need of dependence
Q 134:if your equity is more than 50%of company complete shares , then you have:
Majority interest
Minority interest
Full interest
Partial interest
Q 135:which one of the following is the most valuable factor while bringing in the intrapreneurial culture
within an organization ?
Economical
Technological
Political
Social
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Q 136:which of the following is a sound strategic option for an organization when its purpose is to get
the 100%ownership in the international business operation?
Mergers acquisition
Joint venture
Minority interest
Indirect exporting
Q137:which of the following perspective of business plan considers the venture through the eyes of the
customer ?
Entrepreneur perspective
Marketing perspective
Investor perspective
All of the giving option
Q 138:decision regarding source of business finance for initial venture is exactly made stage of:
Organizational planning
Financial planning
Marketing planning
Operational planning
Q 139:which of the following allows the purchasing country to gain foreign expertise without turning
ownership over to a foreigner?
Q 140:an entrepreneur is one who brings resources ,labor ,material and other assets into combination
that marks their value greater than before this view is of:
Economists
Psychologists
Sociologists
Scientists
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